Executive Summary P&G

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Designed to Grow... Sustainably
2007 Global Sustainability Report
CEO Statement

October 2007 marks the 170th year P&G has been in business. We’ve sustained our Company’s growth over such a long period of time by staying focused on P&G’s Purpose: improving consumers’ lives in small but meaningful ways every day.

Our commitment to Sustainable Development, which we define as “ensuring a better quality of life for everyone, now and for generations to come,” is an important part of how we fulfill P&G’s Purpose. We have a long heritage as a Sustainability leader, and we remain committed to improving consumers’ lives through P&G brands and by contributing to the sustainability of our planet and the communities in which we live and work.

Over the past decade, we’ve made significant progress. We’re helping to save energy and reduce greenhouse emissions through products such as Tide Cold Water and Ariel CoolClean that reduce energy use through cold-water washing. We’re helping children in need through our Live, Learn and Thrive corporate cause. And we’re providing clean, safe drinking water in developing countries and in times of natural disaster.

Now, as we look toward the next 170 years and more, we are designing Sustainability even more deeply into the way P&G does business: through our Purpose, products, operations and relationships.

• We are embedding Sustainability in our Company Purpose, which makes it explicit that we are focused on improving consumers’ lives “now and for generations to come.” In a Purpose-driven company like P&G, this addition is enormously important. It will provide inspiration and guide choices and actions throughout our Company. • We are designing Sustainability even more deeply into our products, packaging and operations. Our focus is on providing products and services that don’t require consumers to make choices between Sustainability and their needs for performance and value. • We are leveraging our expertise and relationships to create new opportunities and new approaches. As a member of the Dow Jones Sustainability Index since its inception and as a partner with the world’s leading retailers, NGOs and others, P&G can help bring tremendous resources to some of the toughest Sustainability challenges.

Sustainability is a business strategy at P&G. It is integrated into day-to-day business decisions. It is an important part of how P&G is designed to grow ' now, and for generations to come. P&G’s Purpose

Sustainable development is a very simple idea. It is about ensuring a better quality of life for everyone, now and for generations to come.1 Sustainability and Philanthropy are fundamental to living the P&G Purpose of improving lives, day in and day out.

We have made two additions to P&G’s Purpose, Values
and Principles to ensure we are designed to be sustainable. We have embedded sustainability into our Purpose (“now and for generations to come”) and added a new operating principle to incorporate sustainability into every aspect of our work.

Our Purpose

We will provide branded products and services of superior quality and value that improve the lives of the world’s consumers, now and for generations to come.

As a result, consumers will reward us with leadership sales, profits and value creation, allowing our people, our shareholders and the communities in which we live and work to prosper.

Our Values

A.G. Lafley
Chairman of the Board and
Chief Executive Officer

1 Definition from UK government report from Department for the Environment, Transport and the Regions, 1998. P&G 2007 Global Sustainability Report

Our Principles

We Show Respect for All Individuals
• We believe that all individuals can and want to contribute to their fullest potential. • We value differences.
• We inspire and enable people to achieve high expectations,...
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